Christian Academy Of Louisville Inc
- Assets
- $31.0m
- Revenue
- $28.0m
- Investments
- $0.0
- Employees
- 580
- Location
- Louisville, KY
- Founding
- 03/2004
- Data as of
- 06/2022
- EIN
- 61-0907309
Organization Overview
Christian Academy Of Louisville Inc is located in Louisville, KY. The organization was established in 2004. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Christian Academy Of Louisville Inc employed 580 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Christian Academy Of Louisville Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Christian Academy Of Louisville Inc generated $28.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $26.3m during the year ending 06/2022. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRIVATE EDUCATIONAL INSTITUTION FOR GRADES K-12
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTIAN ACADEMY OF LOUISVILLE, INC. IS A NONPROFIT RELIGIOUS/EDUCATIONAL ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE. THE SCHOOL HOLDS A DISTINCTIVE PLACE AMONG EDUCATIONAL INSTITUTIONS IN THE KENTUCKIANA AREA BY PROVIDING A HIGH QUALITY, CHRISTIAN EDUCATION FOR GRADES PRESCHOOL THROUGH HIGH SCHOOL. THE SCHOOL SEEKS TO PROVIDE A TRADITIONAL EDUCATION IN A CHRIST-CENTERED ENVIRONMENT, OR "EDUCATION WITH A HIGHER PURPOSE". IN 2021-22 THE SCHOOL OPERATED TWO CAMPUSES IN KENTUCKY WITH 2,116 STUDENTS IN GRADES PRESCHOOL THROUGH 12TH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Moe Lundrigan Executive Director | Officer | 20 | $135,456 |
Jeff Mallory CFO | Officer | 20 | $130,500 |
Darin Long Superintendent | Officer | 20 | $123,121 |
Scott Watkins Vice Chair | OfficerTrustee | 10 | $0 |
Matt Chalfant Chair | OfficerTrustee | 10 | $0 |
Jeremy Nelson Secretary | OfficerTrustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Janitorial Cleaning System Llc Janitorial Cleaning | 6/29/22 | $500,410 |
Miller Transportation Inc Bus Services | 6/29/22 | $119,604 |
Amstar Inc General Contracting | 6/29/22 | $1,546,535 |
Action Landscape Inc Landscaping Services | 6/29/22 | $165,873 |
Louisville Paving Company Inc Asphalt Paving | 6/29/22 | $180,402 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $113,447 |
| Related organizations | $521,155 |
| Government grants | $143,520 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $778,122 |
| Total Program Service Revenue | $27,051,719 |
| Investment income | $45,630 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,156 |
| Net Income from Fundraising Events | $114,503 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,033,644 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $563,373 |
| Grants and other assistance to domestic individuals. | $2,091,166 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $470,714 |
| Compensation of current officers, directors, key employees. | $470,714 |
| Compensation to disqualified persons | $166,004 |
| Other salaries and wages | $11,883,853 |
| Pension plan accruals and contributions | $127,228 |
| Other employee benefits | $1,905,264 |
| Payroll taxes | $880,986 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,556 |
| Fees for services: Accounting | $39,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $270,945 |
| Advertising and promotion | $123,335 |
| Office expenses | $287,586 |
| Information technology | $545,643 |
| Royalties | $0 |
| Occupancy | $1,998,067 |
| Travel | $21,702 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,905 |
| Interest | $129,866 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,567,310 |
| Insurance | $146,197 |
| All other expenses | $293,661 |
| Total functional expenses | $26,290,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $338,861 |
| Savings and temporary cash investments | $8,997,148 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $123,104 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $98,347 |
| Prepaid expenses and deferred charges | $408,497 |
| Net Land, buildings, and equipment | $21,077,019 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $31,042,976 |
| Accounts payable and accrued expenses | $1,132,182 |
| Grants payable | $0 |
| Deferred revenue | $5,430,761 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,246,968 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,809,911 |
| Net assets without donor restrictions | $21,949,324 |
| Net assets with donor restrictions | $283,741 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $31,042,976 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Christian Academy Of Louisville Inc has recieved totaling $608,080.
| Awarding Organization | Amount |
|---|---|
Christian Academy Of Louisville Foundation Inc Louisville, KY PURPOSE: The Foundation exists to support the Christian Academy of Louisville school system's projects | $521,115 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $50,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $36,050 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $615 |
Forwith Family Foundation Inc Louisville, KY PURPOSE: DONATION TO A DOMESTICALLY REGISTERED CHARITABLE O | $300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Charter School Foundation Chicago, IL | $115,297,280 | $112,450,747 |
Principia Corporation St Louis, MO | $1,121,774,918 | $256,921,200 |
Imagine Schools Non-Profit Inc Vienna, VA | $161,309,849 | $62,482,447 |
Youth Connection Charter School Chicago, IL | $19,677,483 | $57,450,809 |
Collegiate School Richmond, VA | $158,195,585 | $59,848,503 |
Latin School Of Chicago Chicago, IL | $156,636,530 | $50,037,538 |
Mccallie School Inc Chattanooga, TN | $251,954,499 | $79,356,942 |
Potomac School Mclean, VA | $225,192,195 | $49,665,882 |
Hawken School Gates Mills, OH | $144,772,582 | $45,602,433 |
Francis W Parker School Chicago, IL | $194,788,594 | $67,683,715 |
Flint Hill School Oakton, VA | $94,406,099 | $45,449,765 |
Mary Institute And Saint Louis Country Day School St Louis, MO | $240,203,179 | $40,528,498 |